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3 Industrial Stocks Driving The Industry Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the
Dow Jones Industrial Average (
^DJI) trading down 29 points (-0.2%) at 16,918 as of Monday, June 23, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,509 declining with 147 unchanged.

The Industrial industry currently sits down 0.4% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include
Royal Philips (
PHG), down 0.9%,
Caterpillar (
CAT), down 0.9% and
ABB (
ABB), down 0.7%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3.
Stratasys (
SSYS) is one of the companies pushing the Industrial industry higher today. As of noon trading, Stratasys is up $4.68 (4.6%) to $106.80 on average volume. Thus far, 737,280 shares of Stratasys exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $102.15-$106.87 after having opened the day at $102.28 as compared to the previous trading day's close of $102.12.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $5.0 billion and is part of the technology sector. Shares are down 24.2% year-to-date as of the close of trading on Friday. Currently there are 13 analysts who rate Stratasys a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates
Stratasys as a
hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full
Stratasys Ratings Report now.